Do Business Loans Affect Your Personal Credit?
As a business owner, it’s often necessary to borrow money to fund your company and cover major expenses. But do business loans affect personal credit? And if so, how can you ensure that a business loan doesn’t impact your personal credit score negatively? Read on to find out. Do Business Loans Affect Personal Credit? Your […]
Is a Merchant Cash Advance a Loan?
Although both merchant cash advances and traditional business loans involve receiving and repaying a sum of money, they are not the same thing. How Does a Business Loan Work? Business loans are a form of financing for qualified businesses. They’re provided by banks, credit unions, and other approved lenders. Companies use business loans to pay […]
